HAWX vs. DFWIX
Compare and contrast key facts about iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and DFA World ex U.S. Core Equity Portfolio (DFWIX).
HAWX is a passively managed fund by iShares that tracks the performance of the MSCI ACWI ex USA 100% Hedged to USD. It was launched on Jun 29, 2015. DFWIX is managed by Dimensional Fund Advisors LP. It was launched on Apr 9, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HAWX or DFWIX.
Correlation
The correlation between HAWX and DFWIX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HAWX vs. DFWIX - Performance Comparison
Key characteristics
HAWX:
0.64
DFWIX:
0.65
HAWX:
0.95
DFWIX:
0.98
HAWX:
1.14
DFWIX:
1.13
HAWX:
0.72
DFWIX:
0.76
HAWX:
3.16
DFWIX:
2.31
HAWX:
3.02%
DFWIX:
4.23%
HAWX:
14.82%
DFWIX:
15.04%
HAWX:
-30.64%
DFWIX:
-42.10%
HAWX:
-4.00%
DFWIX:
-1.39%
Returns By Period
In the year-to-date period, HAWX achieves a 2.43% return, which is significantly lower than DFWIX's 7.39% return.
HAWX
2.43%
-3.18%
2.20%
8.67%
12.54%
N/A
DFWIX
7.39%
0.02%
3.59%
9.29%
12.43%
5.16%
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HAWX vs. DFWIX - Expense Ratio Comparison
HAWX has a 0.35% expense ratio, which is higher than DFWIX's 0.31% expense ratio.
Risk-Adjusted Performance
HAWX vs. DFWIX — Risk-Adjusted Performance Rank
HAWX
DFWIX
HAWX vs. DFWIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and DFA World ex U.S. Core Equity Portfolio (DFWIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HAWX vs. DFWIX - Dividend Comparison
HAWX's dividend yield for the trailing twelve months is around 3.23%, more than DFWIX's 3.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF | 3.23% | 3.31% | 2.95% | 16.94% | 2.63% | 2.00% | 3.22% | 2.51% | 2.40% | 2.49% | 3.86% | 0.00% |
DFWIX DFA World ex U.S. Core Equity Portfolio | 3.15% | 3.32% | 3.36% | 3.11% | 2.88% | 1.81% | 2.36% | 2.97% | 2.36% | 2.59% | 2.31% | 2.41% |
Drawdowns
HAWX vs. DFWIX - Drawdown Comparison
The maximum HAWX drawdown since its inception was -30.64%, smaller than the maximum DFWIX drawdown of -42.10%. Use the drawdown chart below to compare losses from any high point for HAWX and DFWIX. For additional features, visit the drawdowns tool.
Volatility
HAWX vs. DFWIX - Volatility Comparison
iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) has a higher volatility of 10.16% compared to DFA World ex U.S. Core Equity Portfolio (DFWIX) at 9.41%. This indicates that HAWX's price experiences larger fluctuations and is considered to be riskier than DFWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.